Boston Omaha Corporation (BOMN): Technical Analysis and analyst Ratings


Boston Omaha Corporation (NASDAQ:BOMN) changes shares on Friday trading session, with a change of -1.18% or -$0.19 shares. The trading starts at $16.03 and closed at $16.10 throughout the day. The trading session low price was $15.84 and day high was $16.165 on Friday, July 24. After the session, the Communication Services sector daily volume shifted to 62720.0 while its average volume is 149.92K. In other hand, the BOMN market cap reached to $430.68M. While, its current target price is $25.50.

On May 14, 2018, BRIEF-Boston Omaha Corp Qtrly Loss Per Share $0.13. According to the news reported on Reuters, * BOSTON OMAHA CORPORATION ANNOUNCES FIRST QUARTER 2018 FINANCIAL RESULTS

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 1.14% and up 4.33% for month. Its quarterly performance was -1.85% below, while its half year performance is down -22.95%. BOMN yearly performance stood at negative -27.22% and fall -24.38% for year-to-date. Current recommendation for Boston Omaha Corporation is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. BOMN EPS (TTM) for 12-month is -0.95. EPS for this year is 85.70%, while for the next year its value is 0.04. Its EPS Q/Q reached -472.30%. It has an EPS of 23.60% up for past five years.

Let’s take a look on the analyst recommendations on BOMN for the current month and previous month. For the current month, 2 of 2 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 1 analysts participate in stock recommendation. Out of 1, 0 rated it sell, 1 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $21.00 – $30.00. Average target price for BOMN was reached at $25.50.

Magnolia Group, LLC, Massachusetts Institute of Technology and Abacus Planning Group, Inc. are the top three holders in Boston Omaha Corporation (BOMN) stock. On Jun 29, 2020, Magnolia Group, LLC has 10.12 million shares which valued 161.98 million. On Mar 30, 2020, Massachusetts Institute of Technology owned 2.07 million shares which valued at 37.49 million. On Mar 30, 2020, Abacus Planning Group, Inc. has a total of 1.69 million shares which valued at 30.67 million. In the end, Abacus Planning Group, Inc. have 6.47% shares outstanding of Boston Omaha Corporation (BOMN) on Mar 30, 2020. The insider ownership moved to 0.10% and institutional holding shifted to 79.10%.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for BOMN fall -14.91% for period of 200 days. SMA for 50 days was -2.79% which is showing red signal, while SMA-20 was 1.29%. The moving average value for Boston Omaha Corporation (BOMN) is 17.53 and 15.76 for 200 and 50 days respectively.